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Financial Hardship And Reclaiming Bank Charges

posted on: April 8th, 2010

In early 2010, the UK High Court made a landmark ruling against the Office of Fair Trading regarding the illegality of bank charges, which left many Britons under the impression that they are unable to reclaim bank charges imposed on their account. ...

Understanding The Bank Charges Debate

posted on: February 23rd, 2010

The subject of bank charges has been a political hot potato over the past two or three years, as the courts and regulatory bodies debate whether it is lawful for banks to charge their customers an unregulated amount when they exceed their overdraft l...

Bank Charge Struggles Are On The Increase

posted on: February 9th, 2010

New research from the Financial Ombudsman Service (FOS) has revealed that many families in Britain could be finding it difficult to cope financially due to the effect of excessive bank charges. In this current climate of economic instability, many h...